Kinder Morgan, Inc. (KMI) FY2025 Annual P&L / Income Statement
2025-01-01 to 2025-12-31
Revenue by Product and Service
2025-01-01 to 2025-12-31
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Kinder Morgan, Inc. (KMI) FY2025 Annual P&L / Income Statement
Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 16,937,000,000 US dollars
- Cost of revenue (calculated)
- 5,529,000,000 US dollars
- Gross profit (calculated)
- 11,408,000,000 US dollars
- Operating expenses (calculated)
- 6,684,000,000 US dollars
- Operating Income
- 4,724,000,000 US dollars
- Total Other Expense
- negative 732,000,000 US dollars
- Income Before Income Taxes
- 3,992,000,000 US dollars
- Income Tax Expense
- 832,000,000 US dollars
- Net Income
- 3,160,000,000 US dollars
- Services
- 9,490,000,000 US dollars
- Commodity sales
- 7,255,000,000 US dollars
- Other
- 192,000,000 US dollars
- Costs of sales (exclusive of items shown separately below)
- 5,529,000,000 US dollars
- Operations and maintenance
- 3,057,000,000 US dollars
- Depreciation, depletion, and amortization
- 2,453,000,000 US dollars
- General and administrative
- 744,000,000 US dollars
- Taxes, other than income taxes
- 445,000,000 US dollars
- Other income, net
- negative 15,000,000 US dollars
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Kinder Morgan, Inc.: $3.06 B; to noncontrolling interests: $104.00 M.

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Gross margin
67.4%
Gross profit / revenue
Operating margin
27.9%
Operating profit / revenue
Cash conversion
187.2%
Operating cash / net income, same period
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